6 Apr 2015
EUR/USD accelerates below 1.0960
FXStreet (Córdoba) - EUR/USD turned negative for the day after the pair lost more than half a cent in a matter of minutes without a clear catalyst.
With stops triggered on the break below 1.0960, EUR/USD accelerated to a fresh daily low of 1.0908. At time of writing, the pair is trading at 1.0920, now 0.46% down on the day, after being as high as 1.1035 at the beginning of the New York session.
EUR/USD levels to watch
In terms of technical levels, below 1.0915 next supports are seen at 1.0900 (psychological level) and 1.0863 (Apr 3 low/100-hour SMA). On the other hand, resistances are seen at 1.1035 (daily high) and 1.1052 (Mar 26 high).
With stops triggered on the break below 1.0960, EUR/USD accelerated to a fresh daily low of 1.0908. At time of writing, the pair is trading at 1.0920, now 0.46% down on the day, after being as high as 1.1035 at the beginning of the New York session.
EUR/USD levels to watch
In terms of technical levels, below 1.0915 next supports are seen at 1.0900 (psychological level) and 1.0863 (Apr 3 low/100-hour SMA). On the other hand, resistances are seen at 1.1035 (daily high) and 1.1052 (Mar 26 high).